ARTICLES RELATING TO SASOL

Pressure builds on Sasol’s pricing

2013-05-19 15:38

The government is waiting in the wings to impose regulations if petrochemical giant Sasol doesn’t agree to revise plastic prices.

SA is open for gas investment - Nersa

2013-04-03 12:46

South Africa is a good place for firms to invest in the gas market, especially as electricity prices are on the rise, says the National Energy Regulator of SA.

Sasol posts modest rise in earnings

2013-03-11 07:59

Petrochemicals group Sasol has reported an expected modest rise in first-half earnings and maintained its forecast for a solid full-year performance.

Foreign firms still active in Iran

2012-12-09 13:01

At least seven companies from China, India, South Korea and SA continued to have investments in Iran's oil and gas sectors, a US government watchdog said

Sasol anticipates solid earnings

2012-12-03 14:11

Petrochemicals group Sasol says it expects a strong year and has been boosted by a good quarterly performance at its synthetic fuels unit.

Oil giants charged with price-fixing

2012-10-24 14:35
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The Competition Commission says it has brought charges of price-fixing against the local units of major oil companies including Chevron, BP and Total.

Sasol upbeat after profit spike

2012-09-10 08:19

Petrochemicals group Sasol has posted a 25% rise in full-year earnings, boosted by higher oil prices and a weaker rand.

ANCYL scouts for firms to nationalise

2012-08-27 16:25

The ANC Youth League says it will start identifying strategic sectors to be nationalised, mentioning Sasol, Kumba Iron Ore and Arcelor Mittal as targeted firms.

Vividend acquires Sasol properties

2012-06-22 14:38

Vividend Income Fund has entered into an agreement with the Sasol Pension Fund to buy two Sasol tenanted properties and associated letting enterprises in Randburg.

SA pressured to cease Iran oil imports

2012-05-13 11:32

As from July 1, South Africa will be in breach of US law and will face financial sanctions because of its continued oil imports from Iran.

Sasol falls as oil price falters

2012-05-07 10:00

Sasol shares fell as oil and other assets slumped after Greece and France elected new leaders, raising fears of a fracturing of the eurozone response to its debt crisis.

Small-time firm takes on oil giants

2012-04-15 12:39

A small-time oil company has taken the entire national oil industry to the Competition Tribunal, accusing it of bullying.

SA halted Iran oil imports in January

2012-03-27 18:15

Government data show that no oil was bought from Iran while imports from other producers rose in January, suggesting SA heeded US calls to cut Iranian imports.

SA curbs Iran oil imports on US pressure

2012-03-22 18:48

The government has acceded to a US request and suspended imports from Iran, says the deputy foreign minister, while Sasol has found alternative crude sources.

Sasol eyes next gas acquisition

2012-03-12 17:05

Petrochemicals giant Sasol says it is scouting North America for its next gas buy.

SA's close ties to Iran under scrutiny

2012-02-08 13:49

The increasing pressure on Iran has meant scrutiny for South African businesses operating in the country, and could even lead to a shift in SA foreign policy.

Carbon tax needs 'level playing field'

2011-12-11 16:12

If the proposed carbon tax is not applied fairly, firms will be unable to create work and alleviate poverty, warns AfriSam CEO Stephen Olivier.

Sasol may divest from Iran unit

2011-11-30 17:42

Sasol says it has entered into talks on disposing of its operations in Iran as there was a risk that sanctions may be imposed on it by the US, EU and UN.

Sasol plans R40bn capex over next 2 years

2011-11-11 17:22

Sasol says it aims to spend R40bn on growth projects in SA over the next two years.

Numsa warns against tripartite leaders

2011-10-30 22:48

Numsa has cautioned against "factional defences" by some leaders within the ANC-led tripartite alliance at the expense of the poor.

Woolworths added to Sustainability Index

2011-09-16 12:01

SA retailer Woolworths says it has been included in the Dow Jones Sustainability Index.

Sasol lifted by higher oil prices

2011-09-12 08:08

Petrochemicals group Sasol has posted a 27% rise in full-year earnings, boosted by cost cuts and higher oil and product prices.

Sasol sees jump in earnings

2011-07-29 09:28

Petrochemicals firm Sasol says it expects full-year earnings to climb as much as 32%, as buoyant commodity prices have helped it overcome a stronger rand currency.

Strike talks on as fuel shortages bite

2011-07-18 12:15

Employers and unions are to meet as a strike in the petroleum sector deepens, with more service stations running dry and production delays at Sasol.

 

Public hearings held on Sasol gas prices

2013-03-20 19:17

The National Energy Regulator of SA has held public hearings on Sasol Gas's pricing and tariff submissions.

Sasol/Merisol merger gets thumbs up

2012-12-19 19:07

A proposed merger between Sasol Holdings USA and Merisol Merichem Company has been approved, says says the Competition Tribunal.

Sasol to spend $21bn on US plant

2012-12-03 20:48

Sasol said it could spend up to $21bn to build a complex in Louisiana to turn natural gas into diesel, other fuels and chemicals.

Sasol inaugurates R1bn LAN plant

2012-10-24 16:35

Sasol Nitro inaugurated its new limestone ammonium nitrate granulation plant in Secunda.

Sasol closer to major Canadian plant

2012-09-14 07:42

Sasol is a step closer to building Canada's first multibillion-dollar plant to convert cheap natural gas to diesel and other fuels.

Sasol jumps on fracking nod

2012-09-07 12:07

Sasol shares rose on news of the cabinet's lifting of a freeze on exploration of shale gas, of which SA is believed to have 485 trillion cubic feet.

Tax Sasol or nationalise it - SACP

2012-07-15 16:16

The SA Communist Party wants to see Sasol nationalised, but if this could not be achieved the petro-chemical giant should be subjected to a windfall tax on extra profits.

Talisman opts out of Sasol joint venture

2012-06-29 10:49

Talisman Energy says it has decided not to develop a multibillion-dollar gas-to-liquids project with Sasol, preferring to concentrate on drilling for oil and gas liquids.

Norway builds largest carbon-capture lab

2012-05-07 22:10

Norway, together with Sasol and others has inaugurated what it called the world's largest laboratory for capturing carbon dioxide.

SA ups oil from Iran despite US pressure

2012-05-01 15:59

Oil imports from Iran rose to R3.37bn in March from February's R2.8bn, indicating Pretoria did not bow to US pressure to curb commercial links with Tehran.

Engen halts Iran crude imports

2012-04-04 08:00

Engen, the South African unit of Malaysian state oil firm Petronas, has halted all imports of crude from Iran, a spokesperson says.

Sasol’s BEE shareholders to coin it

2012-03-25 12:21

Petrochemical giant Sasol's latest results mean those who bought shares can look forward to a healthy dividend yield.

Water warning for Vaal area

2012-03-18 14:35

One big drought in the Vaal River catchment area over the next eight years could jeopardise the region’s agricultural and industrial output, senior Eskom and Sasol managers have warned.

Sasol freezes shale gas exploration

2011-12-01 10:55

Sasol is shelving exploration plans for shale gas in the Karoo, at least for now, the company says.

Sasol expects 45% higher earnings

2011-11-23 11:40

Synthetic fuels producer Sasol says earnings per share and headline earnings per share for the first six months are estimated to increase by at least 45%.

PetroSA restarts refinery

2011-11-08 09:45

PetroSA has restarted its gas-to-liquids refinery in Mossel Bay, after a shortage of liquefied petroleum gas caused petrol stations to be shut down around SA.

Sasol reviews Iran ops on sanction fears

2011-10-12 09:02

Sasol says it is reviewing its investment in Iran, which is facing sanction over its nuclear programme, and has no plans for further growth in the country.

JSE battered by global jitters

2011-09-12 09:19

The JSE has fallen as much as 3% as the resignation of a top European Central Bank official casts a pall on the region's ability to tackle its worsening sovereign debt crisis.

Blast at Sasol plant in Secunda

2011-08-24 12:52

At least one person has been injured after a blast caused a fire at Sasol's synfuel plant at Secunda.

New strike threatens power supply

2011-07-20 22:23

While fuel firms hope a disrupting strike may end soon, new industrial action in the coal sector may hit electricity production.

Strike to shut Sasol down - union

2011-07-17 16:36

The Solidarity union says its planned strike will bring Sasol plants to a standstill.

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